GDP Numbers Help Set off Selloff

GDP Numbers Help Set off Selloff

Advertisment Stocks fell on Wednesday, spoiling a stock market comeback in April, as data showed the U.S. economy contracted in the first quarter, raising fears the economy was slipping into a recession under the weight of President Donald Trump’s flurry of policy moves, especially on trade. The Dow Jones Industrials came off … Read more

Stocks Regain Momentum After Monday Selloff

Stocks Regain Momentum After Monday Selloff

Advertisment Stocks rallied Tuesday, rebounding from a sharp selloff in the previous session, as traders navigated rising global trade fears as well as increasing attacks from President Donald Trump toward Federal Reserve Chair Jerome Powell. The Dow Jones Industrials rocketed 870.11 points, or 2.3%, to 39,040.52. The S&P index climbed 120.7 … Read more

AI Chip Selloff Alert: Crackdown on Nvidia

AI Chip Selloff Alert: Crackdown on Nvidia

Markets opened this week on a rebound. Investors believed that the government tariff pause against semiconductors would end the bad news. Instead, the U.S. government informed Nvidia (NVDA) that it would need a special license to ship its H20 graphics processing chip to China. This chip powers artificial intelligence servers. Nvidia closed down … Read more

Stock Selloff Resumes After Tariff Pause

Stock Selloff Resumes After Tariff Pause

Advertisment Stocks fell on Thursday after a massive rally on Wall Street spurred by President Donald Trump announcing a 90-day reprieve on some of his “reciprocal” tariffs. The Dow Jones Industrials reversed some of Wednesday’s incredible gains, losing 919.42 points, or 2.3%, to open Thursday at 39,689.03. The S&P 500 sank 157.86 … Read more

Equities Resume Selloff As Trump Cranks Up Trade War

Equities Resume Selloff As Trump Cranks Up Trade War

Equities and oil plunged again Wednesday after Donald Trump ramped up his trade war by hitting China with tariffs of more than 100 percent as sweeping measures against the United States’ dozens of partners are set to come into effect. After a brief respite Tuesday from the panic-selling at the start of the week, investors … Read more